LXP Industrial Trust Provides Recent Business Activity Update and Increases 2026 Adjusted Company FFO Guidance
LXP Industrial Trust has reported robust leasing performance, completing 4.6 million square feet of leases year-to-date with significant rental rate increases. The company also acquired a prime 37-acre redevelopment site in Phoenix for $103 million, which is fully leased until 2031 and planned for future industrial development. Following these oper…